SV650.org - SV650 & Gladius 650 Forum



Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick).
There's also a "U" rating so please respect this. Newbies can also say "hello" here too.

Reply
 
Thread Tools
Old 22-10-18, 09:37 PM   #6491
Littlepeahead
Member
Mega Poster
 
Littlepeahead's Avatar
 
Join Date: Feb 2008
Location: The Saaarrrfff
Posts: 2,901
Default Re: Gripe of the day - What is yours?

Nice to have money to fight over. My dad died leaving me 89,000 in credit card debts and loans to sort out. That took months. He also left my mum, his ex wife who'd been departed from for 28 years but not divorced, with a mortgage of 85,000 she didn't know about. He'd switched it to interest only. She now has dementia and all her pension has to go on paying the mortgage because dad cashed in the endowment and his pension died with him. She's 74 and there's still 8 years left to pay. If she needs care the house will have to be sold, but that will make my sister and two children, who all at the moment look after her, homeless.

I'm not expecting any inheritance!





Sent from my SM-G935F using Tapatalk
__________________
Tender is the day, The demons go away, Lord I need to find, Someone who can heal my mind...
Littlepeahead is offline   Reply With Quote
Old Yesterday, 06:29 AM   #6492
maviczap
Member
Mega Poster
 
maviczap's Avatar
 
Join Date: Mar 2007
Posts: 8,871
Default Re: Gripe of the day - What is yours?

if there are dependants living at your mum's house, then the council pick up the care bill, they can't force dependants out to enable the property to be sold, especially as there's still an outstanding mortgage and no savings.

obviously the mortgage will still have to be paid

My mum had an equity release mortgage which was interest only, which we only found out about when my sister was digging through her paperwork, that was 50000 plus a nice 5000 credit card account in the red.

So you're not alone with parents leaving you with problems to sort out
__________________
We're riding out tonight to case the promised land
Make everyday count
RIP Reeder - Jolly Green Giant and comedy genius

Last edited by maviczap; Yesterday at 07:02 AM.
maviczap is offline   Reply With Quote
Old Yesterday, 07:33 AM   #6493
Seeker
Member
 
Join Date: Jun 2016
Location: NE Lincs
Posts: 159
Default Re: Gripe of the day - What is yours?

Quote:
Originally Posted by Littlepeahead View Post
Nice to have money to fight over. My dad died leaving me 89,000 in credit card debts and loans to sort out. That took months. He also left my mum, his ex wife who'd been departed from for 28 years but not divorced, with a mortgage of 85,000 she didn't know about. He'd switched it to interest only. She now has dementia and all her pension has to go on paying the mortgage because dad cashed in the endowment and his pension died with him. She's 74 and there's still 8 years left to pay. If she needs care the house will have to be sold, but that will make my sister and two children, who all at the moment look after her, homeless.

I'm not expecting any inheritance!
Good grief! That is awful. Makes my gripe pale into insignificance.

I hope you win the lottery and life improves for you.
Seeker is offline   Reply With Quote
Old Yesterday, 05:11 PM   #6494
Bibio
Member
Mega Poster
 
Bibio's Avatar
 
Join Date: Jul 2008
Location: Dreich Fife (its grey and miserable)
Posts: 10,928
Default Re: Gripe of the day - What is yours?

yanks on youtube...
Bibio is offline   Reply With Quote
Old Yesterday, 05:24 PM   #6495
Littlepeahead
Member
Mega Poster
 
Littlepeahead's Avatar
 
Join Date: Feb 2008
Location: The Saaarrrfff
Posts: 2,901
Default Re: Gripe of the day - What is yours?

Quote:
Originally Posted by maviczap View Post
if there are dependants living at your mum's house, then the council pick up the care bill, they can't force dependants out to enable the property to be sold, especially as there's still an outstanding mortgage and no savings.

obviously the mortgage will still have to be paid

My mum had an equity release mortgage which was interest only, which we only found out about when my sister was digging through her paperwork, that was 50000 plus a nice 5000 credit card account in the red.

So you're not alone with parents leaving you with problems to sort out
From what I understand, dependants are only a husband or wife, or child under 18 of the person needing care, not grand children. My sister and her kids have never lived anywhere else.

If mum goes into care her pension has to be spent on the care home. My sister has no income to pay the mortgage and cannot claim housing benefit. So either way she ends up homeless. Then the council will have to re home her at huge cost, and mum's equity in the house isn't much so that would soon be gone on care fees.

It's a right mess.

Sent from my SM-G935F using Tapatalk
__________________
Tender is the day, The demons go away, Lord I need to find, Someone who can heal my mind...
Littlepeahead is offline   Reply With Quote
Old Yesterday, 06:01 PM   #6496
Biker Biggles
Member
Mega Poster
 
Biker Biggles's Avatar
 
Join Date: Jan 2005
Location: Barnet Herts
Posts: 4,947
Default Re: Gripe of the day - What is yours?

Sometimes its worth bearing in mind that "inheritance" is actually money owned by someone else and not by the inheritees. It is not anyones right to get some elses money when they die, its just a bonus if you do.
__________________
On a clear day we stand there and look further than the ordinary eye can see.
Biker Biggles is offline   Reply With Quote
Old Yesterday, 07:04 PM   #6497
maviczap
Member
Mega Poster
 
maviczap's Avatar
 
Join Date: Mar 2007
Posts: 8,871
Default Re: Gripe of the day - What is yours?

Quote:
Originally Posted by Littlepeahead View Post
From what I understand, dependants are only a husband or wife, or child under 18 of the person needing care, not grand children. My sister and her kids have never lived anywhere else.

If mum goes into care her pension has to be spent on the care home. My sister has no income to pay the mortgage and cannot claim housing benefit. So either way she ends up homeless. Then the council will have to re home her at huge cost, and mum's equity in the house isn't much so that would soon be gone on care fees.

It's a right mess.

Sent from my SM-G935F using Tapatalk
Indeed a right mess, and you're right, your mum's pension would all be taken by the council for her care costs. They'd pay the rest of there weren't any savings or disposable assets.
__________________
We're riding out tonight to case the promised land
Make everyday count
RIP Reeder - Jolly Green Giant and comedy genius
maviczap is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
whats ur biggest gripe about the uk? kwak zzr Idle Banter 101 15-11-16 06:33 PM
heated grips gripe adw Bikes - Talk & Issues 8 12-05-10 02:48 PM


All times are GMT. The time now is 04:59 AM.


Powered by vBulletin® - Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.